In the third quarter, the U.S. economy exceeded growth expectations, driven by a strong consumer base, despite the challenges of higher interest rates, ongoing inflationary pressures, and a variety of domestic and global economic challenges. The Commerce Department reported that the Gross Domestic Product (GDP) experienced a seasonally adjusted annualized growth rate of 4.9% from July...Read More
En el tercer trimestre, la economía estadounidense superó las expectativas de crecimiento, impulsada por una sólida base de consumidores, a pesar de los desafíos planteados por tasas de interés más altas, presiones inflacionarias en curso y una variedad de desafíos económicos nacionales y globales. El Departamento de Comercio informó que el Producto Interno Bruto (PIB)...Read More
(20 de octubre de 2023- San Juan, P.R.) En agosto de 2023 se registró un alza por segundo mes consecutivo en el Índice de Indicadores Coincidentes en la Manufactura (IICM), según el reporte preparado por la Oficina de Estrategia e Inteligencia de Negocios del Departamento de Desarrollo Económico y Comercio (DDEC). Este incremento es el...Read More
Un nuevo y sangriento conflicto ha estallado en el medio oriente, otra vez Israel y palestinos se enfrentan en una guerra provocada por los ataques del grupo Hamas del pasado 7 de octubre. Ya se habla de sobre 3,000 muertos en ambos lados, lo cual es una tragedia. Este es el segundo conflicto bélico que...Read More
The U.S. economy grew during Q2 2023, blowing past economist expectations and tamping down concerns about a possible recession. Gross domestic product (GDP) grew by a 2.1% compared to Q1 2023. That growth showed a cooling from the 2.6% growth displayed in the quarter before that. Brent Crude Oil, an internationally recognized benchmark, reached just...Read More
En tiempos de crisis, la historia siempre es una buena herramienta para entender el presente, y poder proyectarnos hacia al futuro. Desde el siglo 19 al presente, la economía de Puerto Rico ha pasado por diversos ciclos o transformaciones. Siempre, los puertorriqueños se las han arreglado para superar los desafíos económicos y salir airosos. Cuando...Read More
The U.S. economy grew during Q2 2023, blowing past economist expectations and tamping down concerns about a possible recession. Gross domestic product (GDP) grew by a 2.1% compared to Q1 2023. That growth showed a cooling from the 2.6% growth displayed in the quarter before that. The heightened growth stems from an increase in consumer...Read More
Retail sales provide us with a snapshot of consumer spending and how the changes in consumer spending affect the different industries in the retail sector. When observing the recent month of May 2023 when compared year over year with May 2022 shows nominal growth in sales for 14 of the 18 industry categories, which totaled...Read More
Bankruptcy data holds a treasure trove of insights into Puerto Rico’s intricate financial and economic landscape. Delving into this data provides a window into the Island’s fiscal challenges, economic trends, and regulatory dynamics and unveils a narrative of resilience and adaptation among local businesses. It is a vital instrument, offering a panoramic view of the...Read More
Retail sales provide us with a snapshot of consumer spending and how the changes in consumer spending affect the different industries in the retail sector. When observing the recent month of May 2023 when compared year over year with May 2022 shows nominal growth in sales for 14 of the 18 industry categories, which totaled...Read More
